1, SHANKLIN GARDENS, LEICESTER, LE2 3QJ - £356,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SHANKLIN GARDENS is a very small extended detached house of 86m², built sometime between 2003 and 2006, which could now be worth an estimated £348,880. It was last sold for £356,000 in December 2022, which was around 10% below the average December 2022 detached price in the Leicester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

1 SHANKLIN GARDENS Sold Prices

Land registry data shows three sales for 1 SHANKLIN GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. One of the three 1 SHANKLIN GARDENS sales was for below the average price, whilst two were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 5 DEC	£356,000	£393,953	10% below HPI
2003 19 DEC	£195,000	£171,806	14% above HPI
1998 26 OCT	£105,000	£75,379	39% above HPI

1 SHANKLIN GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 1 SHANKLIN GARDENS sales between October 1998 and December 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2003 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 SHANKLIN GARDENS be worth now?

1 SHANKLIN GARDENS might now be worth an estimated £348,880.

This is based on house price deflation of 2%, between December 2022 and February 2025, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% deflationary decrease is applied to the most recent sale price for 1 SHANKLIN GARDENS of £356,000 on 5th December 2022. For the value to have decreased from £356,000 to £348,880 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 SHANKLIN GARDENS has moved in line with the HPI for detached houses in the Leicester local authority area.
• The December 2022 sale price of £356,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHANKLIN GARDENS has not materially changed since December 2022.

How Large is 1 SHANKLIN GARDENS?

1 SHANKLIN GARDENS is 86m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 1 SHANKLIN GARDENS lies on this distribution: 19% of detached houses houses are smaller than 1 SHANKLIN GARDENS, and 80% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 SHANKLIN GARDENS: Plot and Title Map

1 SHANKLIN GARDENS sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 1 SHANKLIN GARDENS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 SHANKLIN GARDENS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 SHANKLIN GARDENS?

1 SHANKLIN GARDENS is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 1 on SHANKLIN GARDENS.